Here are 3 exciting small-cap shares to put on your watchlist

As well as blue-chip favourites like CSL Limited (ASX: CSL) and Sydney Airport Holdings Ltd (ASX: SYD), I believe the Australian share market is home to a number of small-cap shares with significant long-term growth potential.

Three shares which I think are worth putting on your watchlist today are as follows:

Freelancer Ltd (ASX: FLN)

Freelancer is the operator of the world’s largest freelancing and crowdsourcing marketplace based on number of users and projects. At the last count Freelancer had over 24 million employers and freelancers using its platform worldwide. I believe this puts the company in a strong position to profit from the rise of the gig economy.

LiveHire Ltd (ASX: LVH)

LiveHire is a fast-growing talent technology company that provides businesses with a software platform which creates a pool of pre-qualified job candidates to access when they need to recruit. This saves both time and money for businesses during the recruitment process and unsurprisingly is growing in popularity. Customers using its service include the likes of Bupa and Wesfarmers Ltd (ASX: WES).

National Veterinary Care Ltd (ASX: NVL)

On average 79% of dogs and 65% of cats go to the vet at least once a year according to this veterinary company’s recent presentation. With Australian pet ownership rising to a massive 62% of households, I believe this bodes well for the company and its 54 veterinary services businesses. As well as this organic growth, I believe the company has an opportunity to grow through acquisition thanks to the fragmented market.

Finally, if you decide to invest in one of the aforementioned small-cap shares, I would suggest you team it up with an investment in one of these fast-growing blue-chip shares. Each has been growing at an exceptional rate and I expect more of the same later this year.

Top 3 ASX Blue Chips To Buy In 2017

For many, blue chip stocks means stability, profitability and regular dividends, often fully franked..

But knowing which blue chips to buy, and when, can be fraught with danger.

The Motley Fool's in-house analyst team has poured over thousands of hours worth of proprietary research to bring you the names of "The Motley Fool's Top 3 Blue Chip Stocks for 2017."

Each one pays a fully franked dividend. Each one has not only grown its profits, but has also grown its dividend. One increased it by a whopping 33%, while another trades on a grossed up (fully franked) dividend yield of almost 7%.

If you're expecting to see the likes of Commonwealth Bank, Telstra and Wesfarmers shares on this list, you'll be sorely disappointed. Not only are their dividends growing at a snail's pace, their profits are under pressure too due to the increasing competitive environment.

The contrast to these "new breed" blue chips couldn't be greater... especially the very real prospect of significant share price gains, something that's looking less likely from the usual blue chip suspects.

The names of these Top 3 ASX Blue Chips are included in this specially prepared free report. But you will have to hurry. Depending on demand - and how quickly the share prices of these companies moves - we may be forced to remove this report.

Click here to claim your free report.

Motley Fool contributor James Mickleboro has no position in any stocks mentioned. The Motley Fool Australia owns shares of Sydney Airport Holdings Limited and Wesfarmers Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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